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Dec 19, 2012
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and italy and spain seeing yields coming down. italy below 4.4%. you know, when it comes to the urgency with regard to italy or, say, spain asking for help, you can understand why policymakers are reluctant and probably will be until their hand is forced. spain below 5.4%. the euro dollar is stronger as is sterling. euro/dollar adding .3%. nearly 133. remarkable if you consider all that we've been through. perhaps a headwind again for the periphery that would prefer to see a lower exchange rate. meantime, also the dollar/yen one to focus on, adding about -- just about .2%, just under.2% today, 84.35 the level there. for more on what the weaker yen has been doing to support trade in the nikkei and across asia, let's get to deirdre wang morris, joining us from singapore. hi. >> reporter: hey, kelly. that weaker yen has been doing a lot to continue to fuel the rally that we are seeing in japanese equities. now another thing that it's doing is heaping pressure on the governor there. they began their two-day policy meeting today. and expectations are ve
and italy and spain seeing yields coming down. italy below 4.4%. you know, when it comes to the urgency with regard to italy or, say, spain asking for help, you can understand why policymakers are reluctant and probably will be until their hand is forced. spain below 5.4%. the euro dollar is stronger as is sterling. euro/dollar adding .3%. nearly 133. remarkable if you consider all that we've been through. perhaps a headwind again for the periphery that would prefer to see a lower exchange...
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Dec 7, 2012
12/12
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there's also no political crisis in italy by the way. support has been withdrawn for the group run by monti. berlusconi hinted he may return to politics after stepping down last year. claudia joins us in milan. a number of reports suggested this may not upset investors too much just because we were going to have elections anyway, it doesn't bring it forward a lot earlier. is that the sense that you're getting? >> yes, it doesn't really change in terms of the timing. it just gives you an idea, though, of where berlusconi stands and what the situation is like within that central right next. the pdl has made it clear that there is a serious disagreement within the party. they were set to go forward with some primaries which is what the center left did to elect their candidate. and now that berlusconi has abruptly announced that he's going back, that tells you there is a lot of tension. he's trying to define the support, enough support in order to have some say in parliament even after the elections. an apparently he probably was not able to
there's also no political crisis in italy by the way. support has been withdrawn for the group run by monti. berlusconi hinted he may return to politics after stepping down last year. claudia joins us in milan. a number of reports suggested this may not upset investors too much just because we were going to have elections anyway, it doesn't bring it forward a lot earlier. is that the sense that you're getting? >> yes, it doesn't really change in terms of the timing. it just gives you an...
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Dec 21, 2012
12/12
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we're seeing a rotation into safety, out of risk and out of spain and italy. about 4.5% for italy. thin trading in markets is exacerbating the move that we're seeing as we approach the year. today, the austy dollar is weaker against the u.s. dollar by about .4%. proxy there for global growth prospects. the dollar/yen is weaker by about .25%. this as markets digest the news out of the boj and gauge whether they'll be successful in boosting inflation ultimately. the euro/dollar, 1.3221. so for trading in asia, just how japan, china and the rest have been affected by fiscal cliff news, diedra morris is join onning us with plenty more. hi. >> hey, kelly. it was a bit of a rude awaking. a lot of these indexes were on their way to gains and then we had the fiscal cliff setback. we had news that john boehner's plan b failed. this all turned red and this is where we ended. the nikkei 225 coming back from that huge rally that we have seen over the last five weeks shedding 1%. the exporters hurt here because the dollar/yen was lower. it has regained some ground in the last few hours or so. t
we're seeing a rotation into safety, out of risk and out of spain and italy. about 4.5% for italy. thin trading in markets is exacerbating the move that we're seeing as we approach the year. today, the austy dollar is weaker against the u.s. dollar by about .4%. proxy there for global growth prospects. the dollar/yen is weaker by about .25%. this as markets digest the news out of the boj and gauge whether they'll be successful in boosting inflation ultimately. the euro/dollar, 1.3221. so for...
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Dec 31, 2012
12/12
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CSPAN
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it's insulting to the people of spain and italy and portugal and ireland who are being told to pull in their belts. >> is it the truth of the matter that literally the only way that you can be sure that you end up with a less than inflation increase is by not announcing that you're going to use it and by making sure that you negotiation all the way through? it's a child that announces on the first day of the negotiations that they're going to use the veto because of course the commission gets its way. >> i have had police officer who is came to my surgery and they understand that their pay is frozen. they're less happy about the terms and conditions. they're less happy about not getting their increments. but what they don't understand is why other elements of budget and in particular the european union should be guaranteed inflationary increases, let alone inflationary increases all the way through 2020. >> i'm very grateful to the onable member who i personally have the utmost respect. does sle the utmost respect for the members opposite who voted time and time gean to give away our p
it's insulting to the people of spain and italy and portugal and ireland who are being told to pull in their belts. >> is it the truth of the matter that literally the only way that you can be sure that you end up with a less than inflation increase is by not announcing that you're going to use it and by making sure that you negotiation all the way through? it's a child that announces on the first day of the negotiations that they're going to use the veto because of course the commission...
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Dec 24, 2012
12/12
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. >> mario monti is saying he's available to lead italy. he'll run for office in the upcoming election, but only for a party willing to push his agenda. >>> but he has competition in the form of sylvia berlusconi. he tells cnbc he feels a responsibility to run. >> feel the need to return to the political arena to prevent the country from being delivered into the hands of a leftist party. >> and the crowds are out, the stores are ringing up those sales, but u.s. shoppers may be running low on holiday spirit. and analysts say that they're spending less, as well. hi, everybody. welcome. merry christmas out there. thank you for joining us here on the show. what we're looking at today, we've got slightly quiet markets ahead of the u.s. open. what we're seeing, though, that all the markets are being called lower across the board stateside. the dow is being called a bit lower, nasdaq is being called a bit lower and the s&p 500 being called down by a bybit, as well. we saw markets coming off on friday stateside. pretty significant drops, as well, g
. >> mario monti is saying he's available to lead italy. he'll run for office in the upcoming election, but only for a party willing to push his agenda. >>> but he has competition in the form of sylvia berlusconi. he tells cnbc he feels a responsibility to run. >> feel the need to return to the political arena to prevent the country from being delivered into the hands of a leftist party. >> and the crowds are out, the stores are ringing up those sales, but u.s....
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for this national debt in the last decade has skyrocketed most humiliating of all for greece portugal italy and spain the future only gets worse is how spain's buying slowed to one trillion on the tykes failed private lenders gambled and built three million houses people called to forward one of them thank you no runs off as it was of the national economy claiming that too big to fail government is nationalize them turning a plain crap bank into a bankrupt nation. the worst kept secret on the markets is no one will touch the euro while four of its members at least are on the brink. hardly anyone actually train zeroes any more random walk of the drunken offspring of a failing marriage. bookmakers don't give greece a sporting chance they've stopped accepting bets on the country's euro exit it's all turning people not just off the road but of the european union itself. britain's anti e.u. party just beat the ruling tories to gain record support in elections checkmate the free citizens was founded by pizza mike a disillusioned boys it's of the country's president you prison rules he told me sto
for this national debt in the last decade has skyrocketed most humiliating of all for greece portugal italy and spain the future only gets worse is how spain's buying slowed to one trillion on the tykes failed private lenders gambled and built three million houses people called to forward one of them thank you no runs off as it was of the national economy claiming that too big to fail government is nationalize them turning a plain crap bank into a bankrupt nation. the worst kept secret on the...
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germany which have some of the best standard of living anywhere in the world you have northeastern italy for instance which has a tradition of small and two premierships you go to a small. construction area. making clothes in gucci style in florence or making food in bali and export all over the world but it is they've been doing that for a thousand years or so and then you compare it to rome maples in southern italy it's a total disgrace day themselves and say that they live in africa and in fact so this is the problem is the inequality inside the western capitalist system and this inequality is being reproduced by the chinese most of the time i am between those americas north and south europe and china whenever i travel inside china i see the same mistakes they are committing that the west has been committing for the past twenty years and it's basically to apply new liberalism to china alexander you clarkie disagree go ahead yeah of course i disagree the problem is not inequality in and of itself the problem is the degree of inequality and i have driven around the southwestern united s
germany which have some of the best standard of living anywhere in the world you have northeastern italy for instance which has a tradition of small and two premierships you go to a small. construction area. making clothes in gucci style in florence or making food in bali and export all over the world but it is they've been doing that for a thousand years or so and then you compare it to rome maples in southern italy it's a total disgrace day themselves and say that they live in africa and in...
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Dec 13, 2012
12/12
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. >> countries like france and italy have pat -- have pushed for a speedy resolution. banking supervision paves the way for a direct supervision -- direct injection into ailing banks. >> it is no longer the sole responsibility of the member states. rather, all of europe will step in. >> but president hollande did not get everything on his wish list. germany insisted that smaller banks, which make up a large part of its banking system, be overseen by national authorities, and it got its way. >> it is important to have a clear division between banking supervision and monetary policy. >> the supervisor will begin work in march, 2014, and be responsible for banks holding more than 30 billion euros in assets. the deal should ensure european taxpayers no longer have to foot the bill when financial institutions find themselves in trouble. >> i'm very satisfied. contrary to expectations, the 27 finance ministers have managed to save the european council. >> as for the question of who will succeed john graja and kurt as head of the eurozone, that is something members -- jean-cl
. >> countries like france and italy have pat -- have pushed for a speedy resolution. banking supervision paves the way for a direct supervision -- direct injection into ailing banks. >> it is no longer the sole responsibility of the member states. rather, all of europe will step in. >> but president hollande did not get everything on his wish list. germany insisted that smaller banks, which make up a large part of its banking system, be overseen by national authorities, and...
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Dec 11, 2012
12/12
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italy has the wealth, italy has the industrialization, it has the export. italy really could make a go of it. we didn't see any productivity in the last decade. it should have made italy stronger. i personally am much more concerned about france and spain than i am about italy. >> we'll talk about those. >> let me add asking. if italy is in this situation now, it relied on the easy way out. and politicians, including berlusconi, didn't have the foresight to see that. >> thank you so much for coming by. >>> staying at the eurozone, investors will be watching for anything coming from the italian crisis. the results of the spanish bond actions are due around 12:40 cst. hsbc was hit with a $1.9 billion fine. the ceo said we accept responsibility for our mistakes and are profoundly sorry for them. >> a full year loft loss of 4.7 billion euros, thinksen krup has more details. >> they are starting to look at the positive of what i would call a -- strategy, i.e., a clean sweep when it comes to the business strategy of thyssenkrupp as well as the instruct occur and
italy has the wealth, italy has the industrialization, it has the export. italy really could make a go of it. we didn't see any productivity in the last decade. it should have made italy stronger. i personally am much more concerned about france and spain than i am about italy. >> we'll talk about those. >> let me add asking. if italy is in this situation now, it relied on the easy way out. and politicians, including berlusconi, didn't have the foresight to see that. >> thank...
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so unstable situation of you markets to italy's technocrat leaders says his time in office will soon be looking cajuns of the way to look at what's in store than for the ailing eurozone with seemingly still no way out of the crisis. egypt's military has taken over the country's security and given powers of arrest in the run up to the referendum next week's vote speed rejected by the opposition isn't representative of calls to stage must nationwide protests getting louder president morsi is trying to make some more concessions but that doesn't ease the tension either as journalists held true reports now from cairo early this morning president mohamed morsi retracted his son the decision to increase tax burdens on the country is a sales tax on consumer goods and services this is seen to be quite popular for him in the face of much to say that the increased tax burdens were supposed to be part of i.m.f. loan international monetary fund loan four point eight billion dollars loan the country's been trying to secure recently definitely these reducing these tax burdens will perhaps make it
so unstable situation of you markets to italy's technocrat leaders says his time in office will soon be looking cajuns of the way to look at what's in store than for the ailing eurozone with seemingly still no way out of the crisis. egypt's military has taken over the country's security and given powers of arrest in the run up to the referendum next week's vote speed rejected by the opposition isn't representative of calls to stage must nationwide protests getting louder president morsi is...
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Dec 29, 2012
12/12
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just one example, italy. italy has a book called the markkorah law. in italy if you're unemployed the government gives you a choice. you can get a weekly paycheck like we do here, unemployment compensation. choice number 2, the italian government will give you your entire two to three years of weekly unemployment checks up front as a lump sum on one condition, you must get at least ten other workers to make the same choice and that money must be used in italy. to begin and operate a collective enterprise of those unemployed workers. what is interesting, how to solve unemployment by creating a new kind of enterprise that would give the american people real freedom of choice. you want to work in a top-down hierarchical capitalist enterprise or try this other kind. would you like to buy the product of these kind of capitalist enterprises or would you like to buy the product of an enterprise where workers have a completely different life and relationship. these are new directions that come out of the crisis of capitalism and turn a bad thing into a good t
just one example, italy. italy has a book called the markkorah law. in italy if you're unemployed the government gives you a choice. you can get a weekly paycheck like we do here, unemployment compensation. choice number 2, the italian government will give you your entire two to three years of weekly unemployment checks up front as a lump sum on one condition, you must get at least ten other workers to make the same choice and that money must be used in italy. to begin and operate a collective...
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you get this in italy you get this in germany you just can't change them for education for whatever they will say the same the problem is you have a few thousand teenagers who go on to the matches and they don't know what they're doing so they copy what these. races fans are doing and what the club needs to do is try to educate these teenagers. the clubs the russian premier league the russian football union they need to get special players involved because look up to these players and trying to. become brains going. the latest cruise blasted off from the baikonur cosmodrome in kazakhstan a russian flight engineer is among the three members on board with the i assess team gearing up for a busy five months in space then they're said to carry out more than one hundred scientific experiments and even go on a couple of space walks as well was there to witness the takeoff. here at a bitterly cold baikonur cosmodrome in kazakhstan we're counting down to the launch of the soyuz rocket which will take three men on their student to the international space station chris hadfield thomas marshburn an
you get this in italy you get this in germany you just can't change them for education for whatever they will say the same the problem is you have a few thousand teenagers who go on to the matches and they don't know what they're doing so they copy what these. races fans are doing and what the club needs to do is try to educate these teenagers. the clubs the russian premier league the russian football union they need to get special players involved because look up to these players and trying...
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unemployment rates among the youth that's over fifty percent in spain in greece it's approaching that in italy in portugal and they're going to have the same thing in the united states you have these young people with their hormones raging in their raging mad it's the same thing that brought down the governments in tunisia and in the end in egypt of course they've been co-opted the revolution has been stolen but the people that brought it about with the young people and this generation after we believe is going to be the spark be high the second american revolution i challenge you to talk about the second american revolution that's in the latest trends jonell and you mention in the journal when you talk about the second american revolution that it is a revolution of the heart. when i read that i'm thinking well you don't want to veer too close in the direction of calling for an all out violent insurrection and yet jelled you're talking about a country with all these huge social issues that has amongst its population oh. over a quarter of a million you know what quarter of a billion two hundred
unemployment rates among the youth that's over fifty percent in spain in greece it's approaching that in italy in portugal and they're going to have the same thing in the united states you have these young people with their hormones raging in their raging mad it's the same thing that brought down the governments in tunisia and in the end in egypt of course they've been co-opted the revolution has been stolen but the people that brought it about with the young people and this generation after we...
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Dec 31, 2012
12/12
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the kind of situation that today characterizes come by once a greece, too extreme, but i would say italy. holy irresponsible for any republican member of the house of representatives to vote for the package that mitch mcconnell is negotiating on their behalf without their leaders present. it is a ridiculous package. it does not work, and it will solve our long-term debt problems. gerri: i never have to guess at what you think. you are always clear isabela and entertaining. thank you for coming out tonight. have a great new year. >> happy new year. gerri: no votes in the house tonight. meanwhile, we go off the cliff tomorrow. it does not applicable be a happy new year. our political panel place the blame game next. ♪ [hip-hop music] ♪ - ♪ what's wrong with the world, mama ♪ ♪ people livin' like they ain't got no mamas ♪ ♪ i think the whole world's addicted to the drama ♪ ♪ only attracted to the things that'll bring the trauma ♪ ♪ where is the love - ma'am. - [gasps] - you forgot your purse. - oh. thank you. thank you very much. gerri: fiscal stiffed. that is of ameri
the kind of situation that today characterizes come by once a greece, too extreme, but i would say italy. holy irresponsible for any republican member of the house of representatives to vote for the package that mitch mcconnell is negotiating on their behalf without their leaders present. it is a ridiculous package. it does not work, and it will solve our long-term debt problems. gerri: i never have to guess at what you think. you are always clear isabela and entertaining. thank you for coming...
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they get went into the crisis roughly the same time and then now this crisis has spread to spain and italy and now it's spread to the u.k. but the u.k. you're saying is not a position has a much what's the debt to g.d.p. ratio in the u.k. it's as bad as ireland right it's not quite as bad as island yet but it's within that i've got to say that we're doing something that i think is quite hankie which is by transferring the quantitative easing balance to the treasury account we are all doing something that's tantamount to monetizing that that you know is live by hand you mean dodgy all very dodgy you mean underhanded and scandal like i think hard to ask you know could i you know i'm going to be a little that's a little bit little bit less diplomatically than i would usually put it but. it's a no no that i think we've course the line on don't you don't you move to up the dummy's economics for dummies so to explain walk through what's what the osborne has done over there at the. availability of just taking of the interest to tell the people what's going on ok so what we've done is we've create
they get went into the crisis roughly the same time and then now this crisis has spread to spain and italy and now it's spread to the u.k. but the u.k. you're saying is not a position has a much what's the debt to g.d.p. ratio in the u.k. it's as bad as ireland right it's not quite as bad as island yet but it's within that i've got to say that we're doing something that i think is quite hankie which is by transferring the quantitative easing balance to the treasury account we are all doing...
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Dec 7, 2012
12/12
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. >> llx/llq shoes are hand-made in italy and range up to $285. the online women's shoe company just launched in july specializes in plus-sized women's shoes from 10-12. on monday, 50 sample shoes were stolen out of the trunk of company representative johanna nielsen's car. >> there was no sign. forced entry. the last thing i did when i parked the car was to put the excuse down, and i covered it in the trunk area, and lock and leave. and when i returned, the trunk was locked, the issed door was open -- the side door was open. >> reporter: the thieves didn't know it, but when they stole the black bag, the women's shoes inside only fit the right foot. >> no use for the person who sold them. >> reporter: she received a tip about the shoes being left at this location. when she arrived thursday evening, there was no sign of them anywhere. with the holiday season in full-swing, she says she needs the high-end heels returned. but until that happens -- >> i have the left foot. [ laughter ] >> so i -- i can use that, and i will use, that and i hope to plac
. >> llx/llq shoes are hand-made in italy and range up to $285. the online women's shoe company just launched in july specializes in plus-sized women's shoes from 10-12. on monday, 50 sample shoes were stolen out of the trunk of company representative johanna nielsen's car. >> there was no sign. forced entry. the last thing i did when i parked the car was to put the excuse down, and i covered it in the trunk area, and lock and leave. and when i returned, the trunk was locked, the...
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Dec 10, 2012
12/12
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no rest for italy. banking stocks lead the ftse mib lower as political uncertainty speaks investors. economic malaise in europe, japan and the u.s. all taking its toll. and obama and boehner meet face-to-face as the clock ticks towards the fiscal cliff. >>> china's growth has recently improved. may well be on track to surpass beijing's 7.5% gdp target for the year. but november's softer than expected trade data highlights the vulnerability to riskes from abroad. joining us more now is eunice eune. how likely is it that we see china hit or surpass these growth targets given the figures showed us? >> well, people are growing concerned about just that. the trade data really highlighted a lot of the problems going forward in terms of the global demand for chinese-made goods. people were really surprised about the export data which came in at 279% growth. everybody had expected to see 9% growth which would already have been a slowdown. they were also quite surprised by the import number, which came in at zer
no rest for italy. banking stocks lead the ftse mib lower as political uncertainty speaks investors. economic malaise in europe, japan and the u.s. all taking its toll. and obama and boehner meet face-to-face as the clock ticks towards the fiscal cliff. >>> china's growth has recently improved. may well be on track to surpass beijing's 7.5% gdp target for the year. but november's softer than expected trade data highlights the vulnerability to riskes from abroad. joining us more now is...
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to build their own work chest to go after countries that are bigger so now they're going after spain italy and the u.k. and the u.k. is a country that's you know here to cover the destruction of the u.k. being destroyed by other bankers and they can do so of their their disgorging huge multi hundred billion pound fines from these bankers are going into the u.s. banking system purges on for exactly the reasons we've been talking about now for a number of years there's nobody here to defend the city there's nobody here to defend the people austerity measures are being imposed in more of draco nian fashion social unrest is about to explode on a massive scale can hardly wait and this whole thing is ready to blow it's also part of a racket you know here that is britain who is played poodle to like the al capone of the global financial and military industrial complex system and now al capone's turning on them when they're all sought but al capone in this case the u.s. regulators they want you know the u.k. to basically hire their cousin vinny because the article notes that the u.k. banks have si
to build their own work chest to go after countries that are bigger so now they're going after spain italy and the u.k. and the u.k. is a country that's you know here to cover the destruction of the u.k. being destroyed by other bankers and they can do so of their their disgorging huge multi hundred billion pound fines from these bankers are going into the u.s. banking system purges on for exactly the reasons we've been talking about now for a number of years there's nobody here to defend the...
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Dec 5, 2012
12/12
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though there are problems in some territories in europe like italy and spain, greece, of course. there are other strong markets. again, this is a reason why china and russia and brazil and india have become so important at the global scenario. >> okay, we wish you all the best. have a great few days there in singapore. >>> the british chancellor executive george osborne is giving his autumn statement today. the chancellor has already dropped big hints about what we can expect. katie barnfield has gone up to man chester to see how the government's economic mandate is really playing well. >> reporter: earlier this week, the chancellor george osborne warned that although the uk's economic recovery will take longer than planned, it would be catastrophic if he put down his austerity measures now. but it is a catastrophe already here? manchester looks like a thriving city. but with the surrounding areas home to some of the most economically disadvantaged parts of the uk. rows of shops stand unused and the number of people claiming benefits has risen almost 70% since 2008. the uk's oppo
though there are problems in some territories in europe like italy and spain, greece, of course. there are other strong markets. again, this is a reason why china and russia and brazil and india have become so important at the global scenario. >> okay, we wish you all the best. have a great few days there in singapore. >>> the british chancellor executive george osborne is giving his autumn statement today. the chancellor has already dropped big hints about what we can expect....
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Dec 16, 2012
12/12
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. >>> france, italy, the united kingdom, even greece is raising its tax rates and it's not helping at all. growth rate is very low. thank you. bugging your bus with your own tax dollars. government says it's eefgs dropping for your own safety, folks, but it is just a costly invasion of your privacy? wow. these are really good. you act surprised. aah! aah! practice makes perfect. announcer: you don't have to be perfect to be a perfect parent. there are thousands of teens in foster care who don't need perfection, they need you. >>> nothing private anymore. san francisco the latest city putting eavesdropping devices on public buses. department homeland security dishing out $6 million to the city by the bay so it can listen into the passengers and more towns are planning to do the same thing. and john hates the idea. why? >> its horrifying blast to the iron curtain world of the past where brutal governments snoop on people. we're not subjects of the federal government. they work for us. the idea they become angels so they can look over us is really scary thing. >> it's the worst of the pa
. >>> france, italy, the united kingdom, even greece is raising its tax rates and it's not helping at all. growth rate is very low. thank you. bugging your bus with your own tax dollars. government says it's eefgs dropping for your own safety, folks, but it is just a costly invasion of your privacy? wow. these are really good. you act surprised. aah! aah! practice makes perfect. announcer: you don't have to be perfect to be a perfect parent. there are thousands of teens in foster care...
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Dec 28, 2012
12/12
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especially in the case of italy. the country is fulfilling conditions of the ecb if it ever got into needed. it made the fiscal adjustment that was needed. if the country exits recession which we expect to happen next year and the growth at a potential growth rate of say 1 mers, 1.5%, with inflation under control, with interest rates back to levels which were normal for italy before the financial crisis, then all these adjustments altogether show that italy can go back on to a sustainable growth path and -- >> is that with or without berlusconi involved? because end of february are these elections. >> yes. the elections are, of course, more the campaign heading into the elections with all these noises, especially the end ecb noises that we hear from italy. that's going to cause concern that if italy does need help, how likely are they going to be to get it? in the years from 1993 to 2007 italy brought down its debt to gdp ratio to almost 100% and half of that time berlusconi is prime minister. it's not like berluscon
especially in the case of italy. the country is fulfilling conditions of the ecb if it ever got into needed. it made the fiscal adjustment that was needed. if the country exits recession which we expect to happen next year and the growth at a potential growth rate of say 1 mers, 1.5%, with inflation under control, with interest rates back to levels which were normal for italy before the financial crisis, then all these adjustments altogether show that italy can go back on to a sustainable...
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Dec 5, 2012
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>> greece and italy are also on the list. year after year, the country's perform the poorest -- the countries perform the poorest. greece pays many more bribes per year and higher amounts than anywhere else in europe. in those countries, public institutions need to change. we need financial accountability to citizenry. >> denmark is the least corrupt country. what does germany need to do to improve its position? >> the world is waiting for more attention to the u.n. convention against corruption. that means ratification. it is not ok that germany has not ratified this treaty. it is important to look at some of the other activities that politicians and those in the justice system are involved in. it is important to know about that in terms of complex of interest that may emerge in their public sector -- of conflict of interest that may emerge in their public-sector work. >> eu anti-trust regulators have imposed fines on alleged cartel of -- on an alleged cartel of electronics companies. >> tv sets with cathode ray tubes are no
>> greece and italy are also on the list. year after year, the country's perform the poorest -- the countries perform the poorest. greece pays many more bribes per year and higher amounts than anywhere else in europe. in those countries, public institutions need to change. we need financial accountability to citizenry. >> denmark is the least corrupt country. what does germany need to do to improve its position? >> the world is waiting for more attention to the u.n. convention...
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Dec 16, 2012
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. >>> france, italy, the united kingdom, even greece is raising its tax rates and it's not helping at all. growth rate is very low. thank you. bugging your bus with your own tax dollars. government says it's eefgs dropping for your own safety, folks, but it is just a costly invasion of your privacy? >>> nothing private anymore. san francisco the latest city putting eavesdropping devices on public buses. department homeland security dishing out $6 million to the city by the bay so it can listen into the passengers and more towns are planning to do the same thing. and john hates the idea. why? >> its horrifying blast to the iron curtain world of the past where brutal governments snoop on people. we're not subjects of the federal government. they work for us. the idea they become angels so they can look over us is really scary thing. >> it's the worst of the past. big brother era and worst of the future with high technology. what do you think? >> please. come on. a lot of crime happens on buses. i think it's a great idea we have cameras in there. it's not like someone sitting in a dark r
. >>> france, italy, the united kingdom, even greece is raising its tax rates and it's not helping at all. growth rate is very low. thank you. bugging your bus with your own tax dollars. government says it's eefgs dropping for your own safety, folks, but it is just a costly invasion of your privacy? >>> nothing private anymore. san francisco the latest city putting eavesdropping devices on public buses. department homeland security dishing out $6 million to the city by the bay...
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Dec 19, 2012
12/12
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KRCB
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mediterranean. 100 klemm purchase-hour gusts in bulgaria. 15 millimeters of rain in the past 24 hours in italy and part of the balkan peninsula. severe weather will continue throughout the day. turkey's going to be seeing the britain of it. off toward the west the next atlantic system is moving into the british isles as well as parts of the western continent, bringing another round of wet and windy weather. temperatures areooking like this. looking ve milou toward the west but very chilly out toward the east. minus 2 in stockholm. minus 16 degrees in moscow. that's about 12 degrees colder than seasonal. this is due to cold air coming in from siberia. the cold air is also affecting the other side of eurasia. blanketing mongolia, northern china, the korean peninsula as well as japan. you saw minus 10 degrees at 8:00 a.m. local time. temperatures will remain below freezing throughout the day despite the sunshine. tokyo dropping dn by about 7 degrees since yesterday. strong winds are creating sea effect snow along the sea of japan side of the country, from hokkaido down toward western honshu. dais
mediterranean. 100 klemm purchase-hour gusts in bulgaria. 15 millimeters of rain in the past 24 hours in italy and part of the balkan peninsula. severe weather will continue throughout the day. turkey's going to be seeing the britain of it. off toward the west the next atlantic system is moving into the british isles as well as parts of the western continent, bringing another round of wet and windy weather. temperatures areooking like this. looking ve milou toward the west but very chilly out...
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there's unrest on the markets after italy's technocrat prime minister mario monti announced his plans to leave before silvio berlusconi has thrown his hat into the ring again after he withdrew his party support for the government want to says he'll go after next year's budget is passed which could see an election in february much older than expected that's where the greek prime minister is trying to secure more support from germany's wealthy and conservative region a very early at greece's credit is a greater profit out with another forty four billion euros greek attorney and georgia culture garson means real solutions to a long way off so most cause me to stone walling says listen. but unfortunately. it isn't easy to. control just that you go to example even to the. national military fund. but of course it's real easy for you to so such a. german taxpayers so. this simple you serious are usually more of more cell phone for people with. such. well is the e.u. pursuing the goal of united europe at the expense of individual nations that issue take center stage in the latest edition of p
there's unrest on the markets after italy's technocrat prime minister mario monti announced his plans to leave before silvio berlusconi has thrown his hat into the ring again after he withdrew his party support for the government want to says he'll go after next year's budget is passed which could see an election in february much older than expected that's where the greek prime minister is trying to secure more support from germany's wealthy and conservative region a very early at greece's...
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Dec 8, 2012
12/12
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KCSM
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it is being routed from the black sea to italy and bypasses the current transit country, ukraine. moscow has argued with kiev over fees and gas prices for years. a feud that has often cut off gas supplies to western europe. >> south stream could soon make ukraine much more willing to compromise. kiev could even agree to some form of russian involvement in its pipeline system and its modernization. >> the launch of south stream gives it a head start. and this is supposed to reduce the you's dependence on russia and the dying gasp from central asia. in contrast, south stream is due to start delivering gas in 2015. >> voting is drawing to a close in presidential elections in ghana. the poles expected to test the country's reputation as a beacon of stability and democracy in africa. >> the election will reveal how popular the incumbent is after he took over from the late president who died in july. opinion polls predict a tight race. the winner will oversee the current oil boom, one of africa's fastest-growing economies. soccer fans are no doubt eagerly awaiting the next european foot
it is being routed from the black sea to italy and bypasses the current transit country, ukraine. moscow has argued with kiev over fees and gas prices for years. a feud that has often cut off gas supplies to western europe. >> south stream could soon make ukraine much more willing to compromise. kiev could even agree to some form of russian involvement in its pipeline system and its modernization. >> the launch of south stream gives it a head start. and this is supposed to reduce...
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Dec 13, 2012
12/12
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CNBC
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italy has a dead auction coming up later in the show. as for spain and germany, they are seeing yields drip lower this morning, as well. back across the board, the guilt down 1.82%. the euro/dollar was barely weaker the last time we checked and now it's drifting a little further. 1.3064. it's still above that level. and the dollar/yen now receding to almost flat if not a little lower on the morning. now european leaders are expected to agree on the next tranche of aid for greece when they meet today. sylvia is in brussels to follow aus of these negotiations for us. sylvia, a torturous route for greece. are they finally going to get this money? if so, what does that change. >> well, it at least gives them a bit of breathing space. it doesn't change anything in terms of the overall dismal situation of the country. there was a letter of the german finance minister yesterday, written so it is by one of the deputies to the german bundes stock where he basically said, we are ready to sign up the next package for greece. this has not been confi
italy has a dead auction coming up later in the show. as for spain and germany, they are seeing yields drip lower this morning, as well. back across the board, the guilt down 1.82%. the euro/dollar was barely weaker the last time we checked and now it's drifting a little further. 1.3064. it's still above that level. and the dollar/yen now receding to almost flat if not a little lower on the morning. now european leaders are expected to agree on the next tranche of aid for greece when they meet...
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by italy in this news bloc for israel the new year will be followed with new parliamentary elections after the government failed to agree on a new budget for many regular voting is the embodiment of democracy but the rapid turnaround of ministers and governments is leading to calls for an overhaul of the country's entire political system artie's policy reports. call us money as you know in back in my political career i was minister of regional cooperation minister of agriculture minister of housing and construction minister of immigrant and as option and minister of justice even held this post simul tenuously but it doesn't mean i'm talented it's just shows that the system is so messed up to be toyed. it's a system that's been in place since the founding of the state sixty four years ago it's seen thirty four governments in sixty four years that's a new israeli government almost every two years and a new minister just as often in the last twenty years there have been twenty interior ministers fourteen foreign ministers and fifteen justice ministers and now more and more israelis are
by italy in this news bloc for israel the new year will be followed with new parliamentary elections after the government failed to agree on a new budget for many regular voting is the embodiment of democracy but the rapid turnaround of ministers and governments is leading to calls for an overhaul of the country's entire political system artie's policy reports. call us money as you know in back in my political career i was minister of regional cooperation minister of agriculture minister of...
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Dec 29, 2012
12/12
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KCSM
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it was at the beginning of the year, but the eu faces problems in 2013 as well -- a new election in italy could put silvio berlusconi back in power, and france's francois hollande has to tackle urgent issues at home, so there is plenty of work for europ's firefighters next year. >> the past year, we have often brought you images of very angry protests in greece that were mostly against the harsh austerity measures imposed by the government in return for a bailout funds from lenders. >> without this, greece would certainly have gone bankrupt, but it still a long way from clear that the bailout and the reforms they are tied to will get the economy back on the road to recovery. >> meanwhile, the suffering continues for the greek people. the situation is especially dire in rural villages. >> we are on our way to a village on the border with bulgaria. most of the village's 500 inhabitants are muslim -- a minority in the orthodox christian country. the village also claims the dubious distinction of being the poorest village in greece, with an average income of roughly 6000 euros a year. >> ever
it was at the beginning of the year, but the eu faces problems in 2013 as well -- a new election in italy could put silvio berlusconi back in power, and france's francois hollande has to tackle urgent issues at home, so there is plenty of work for europ's firefighters next year. >> the past year, we have often brought you images of very angry protests in greece that were mostly against the harsh austerity measures imposed by the government in return for a bailout funds from lenders....